How Mob Avoid works

Paul, does the game set the Accuracy Rate to 100 before or after the level penalty is taken off? This has an interesting bearing on the equation as it answers whether or not massive accuracy can help one hit a monster at a higher level than the character level. For example, a 175 Hero attacking Pink Bean with 225 base accuracy would have a 65% Accuracy rate after all is said and done. However, if he increased his accuracy to 2500, would he have a 100% rate (assuming the adjustment down to 100 is done at the very end), or would he still have a 65% rate (meaning it's done after the equation calculations, therefore proving that unlimited accuracy means squat if you're lower leveled than that of the mob)?

Sorry for the wordiness.